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Oh I wish I could do that too but the $45 credit card fee for $20 in points doesn't ever make sense for me
by kylehotchkiss 10y ago
Oh I wish I could do that too but the $45 credit card fee for $20 in points doesn't ever make sense for me
- ubernostrum 10y agoI used to live in a place where my rent -- for a nice apartment -- was about $1k/month. That's 12,000 points a year from putting rent on the card, and there are airlines where that's right around the lower bound of redeeming a flight. If your rent is higher than that, of course, it becomes a better deal.
- seanp2k2 10y agoThe way this all works is the merchant pays a fee to process you CC and the bank splits that fee with you. Gas stations are somewhat smart about this in that they charge you more when using a card since they're paying more for the transaction. However, it's annoying to consumers to charge a higher price depending on payment method. Not sure why gas stations are the only ones getting away with it.
- seanp2k2 10y agoStrange, every apartment I've lived in required checks or ACH. One missed payment and they require a cashier's check for that month + the next month. They also required a cashiers check for the deposit.